ASHER v. BAXTER INT'L INC., 03-3189
Dismissal of plaintiff's complaint, alleging material misleading of projections by defendant, under Fed. R. Civ. P 12(b)(6) is reversed where the issue of whether defendant overstated results cannot be determined on the pleadings, even with supplemented documents defendant filed with the SEC.
- Argued 01/22/2004
- Decided 07/29/2004
- Published 07/29/2004
- EASTERBROOK, Circuit Judge., Before EASTERBROOK, MANION, and ROVNER, Circuit Judges.
- United States Seventh Circuit
- For Appellant:
- Barry A. Weprin (argued), Milberg, Weiss, Bershad & Schulman, New York, NY, for Plaintiffs-Appellants.
- For Appellees:
- Matthew R. Kipp (argued), Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Defendants-Appellees.